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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (23952)	10/4/1999 3:10:00 PM
From: Ms. X	Respond to of 34817

I don't know if you are looking at DANKY to buy or to hold but in either case, this is a risky stock right now. The RS is in O's so it is under performing the market and it is on a sell signal on its trend chart. Today's move to 11 still keeps it on a sell signal and it wouldn't be until 12. Even then I wouldn't like it. Take a look at FILE. Different sector but same kind of business (document management software). They are too in a column of O's on the RS chart but the trend chart is on a buy signal. Currently a nice pullback. Keep watch on both.